Sivia Capital Increases Stake in IBM Amid Dividend Announcement

Sivia Capital Partners LLC has increased its stake in International Business Machines Corporation (IBM) by 44.9% in the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor now owns 8,739 shares of IBM's stock after buying an additional 2,708 shares during the quarter. Sivia Capital Partners LLC's holdings in International Business Machines were worth $2,457,000 as of its most recent filing with the SEC.

Vanguard Group Inc. also increased its stake in IBM by 1.5% in the fourth quarter and now owns 97,216,131 shares of the technology company's stock worth $28,796,390,000 after acquiring an additional 1,439,824 shares during the last quarter.

The firm recently declared a quarterly dividend of $1.69 per share, which will be paid on Thursday, September 10th to investors of record on Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%.